This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Westridge Resources Continues To Identify Additional Epithermal Veins At Its Charay Project, Mexico





VANCOUVER, British Columbia, May 29, 2012 /PRNewswire/ --  Westridge Resources Inc. (the " Company") (TSX-V: WST) announces that the cumulative strike length of all mineralized vein structures on the Charay Property is now approximately 4,000 meters compared to 250 meters when the project was acquired. This has been accomplished through ongoing interpretation of the results of drilling, geological mapping, trenching and sampling, all of which continues to identify new epithermal veins.

Two main geological units have been identified at Charay, an upper volcaniclastic unit and a lower andesite flow unit. The high-grade veins exposed at the surface and cut by drilling occur within the deeper, andesite flow sequence. Where the veins enter the overlying volcaniclastic rocks they become wide zones of silicification, clay alteration and lower-grade gold-silver mineralization.  

"The geological relationships suggest that the overlying volcaniclastic rocks acted as a cap to the mineralization at Charay," comments John Dreier, Chief Geologist. "The contact between the two units dips at a shallow angle to the north and northwest. This suggests that the best gold and silver values in the extensions of the El Padre vein system to the northeast and southwest lie at moderate depth in the underlying andesite flows." John Dreier continues, "Our geology indicates that the favorable andesite flow unit will be present at shallow depths to the north and northwest, with strong exploration potential for the discovery of new, wide vein zones both there and elsewhere on the property."

Peter Schulhof, CEO, comments, "We have explored less than one percent of our land package at Charay. We consistently continue to identify new veins, and the drilling has clearly indicated the potential for the veins to expand into wider vein zones. We look forward to our next drill program and exploring the full property package at Charay."

About Westridge Resources

Westridge Resources Inc. is a Canadian-based mineral exploration company focused on the acquisition, evaluation and exploration of mineral resource properties. Westridge has an option to acquire up to a 100% interest in the Charay Gold/Silver Project, located in Sinaloa State, Mexico.

For further information please contact:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,089.28 +65.22 0.36%
S&P 500 2,117.23 +8.94 0.42%
NASDAQ 5,028.68 +23.2890 0.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs